BII to Sell BII Financewww.e-samuel.com, 2005-08-09
PT Bank International Indonesia (BII) will sell PT BII Finance Center to Kompak Group soon after the financing company settles all of its liabilities to its creditors. The due diligence process between BII and Kompak Group is in progress and the transaction process will be commenced soon. With the purchase, Kompak Group plans to develop BII Finance to manage the consumer-finding sector, especially for electronic products.